Export sales fuelling growth at Technijet
EXPORT sales are fuelling growth plans at a small Cumbrian engineering company.
Technijet, which makes industrial cleaning equipment at its site in Kirkby Lonsdale, has seen turnover grow 30% in the last two years.
The company is now looking for acquisitions, growing its staff numbers and seeking planning permission to extend its premises.
Export sales are strongest to India, Germany, Italy and Brazil, where it supplies Coteminas-Brazil, the world’s largest textile printing factory.
The company’s turnover for 2011 is projected to exceed £1m, with a 50-50 split between export and domestic business.
A further significant increase is forecast for 2012, largely through export growth, particularly in Brazil.
Staff numbers are also expected to rise from 12 to 15 by the end of this year.
Managing director, David MacFarlane, said: “Our success is mainly down to a range of unique products, patented systems and product development, as well as high levels of after-sales service and customer care.
“Our products also offer our customers the potential to reduce energy costs and limit the environmental effects of their operations, while remaining competitive in their sectors.”
Founded in 1992, Technijet purchased an additional business in 2000 and plans to make further acquisitions in 2012.
Technijet’s has been working on its growth plan with accountants and business advisers Moore and Smalley, which has provided specialist advice on research and development, tax planning, business development and strategic planning.
Michael Proudfoot, a partner at Moore and Smalley’s Kendal office, said: “Technijet has been continuously innovative and entrepreneurial by developing niche, bespoke technical products. Its activities are a demonstration of how businesses can thrive by being agile and adaptable as markets change and time moves on.”
Technijet’s impressive global presence is further bolstered by operations in 12 other countries, such as South Africa, Pakistan, Syria, the USA, Spain, France, the Netherlands and Poland.
Its UK customers include Cumbrian paper maker James Cropper, Kimberly Clark, BAE Systems, and Rolls-Royce.
